Meritor agrees to buyout bid at a 48% premium, that implies a $2.6 billion market cap
Commercial truck and industrial equipment maker Meritor Inc. announced an agreement to be acquired by Cummins Inc. in a cash deal valued $3.7 billion, including...
Macy’s stock soars premarket after earnings beat estimates, company raises dividend
Macy's Inc. shares soared 7.6% premarket Tuesday, after the department store chain reported fourth-quarter earnings that beat expectations and announced a dividend hike. The company...
Lilly to spend $700 million on Boston facility to develop RNA therapies
Eli Lilly & Co. said Monday it will invest $700 million in a new facility in Boston aimed at developing RNA-based therapies. The company expects...
Camping World raises dividend to boost implied yield to nearly 8%
Camping World Holdings Inc. said Tuesday it has raised its quarterly dividend by 25%, to 62.5 cents a share from 50.0 cents. The recreational vehicle...
UK PM Boris Johnson lifts all remaining Covid restrictions in England
U.K. Prime Minister Boris Johnson on Monday lauded the lifting of all remaining Covid restrictions in England as a "moment of pride."
Tesla CEO Elon Musk accuses SEC of leaking information from federal probe
Musk's attorney did not specify which investigation or what type of information may have been leaked by the SEC, and to whom.
Walmart chases fashion clout with designer Brandon Maxwell’s debut spring collection
The big-box retailer hired Maxwell, a fashion designer who has dressed celebrities, as creative director for two of its elevated fashion brands.
Singapore hopes to take ‘decisive steps’ toward easing restrictions after omicron peaks
Singapore's Covid cases surged to a record high last week, but its finance minister says the country is "quietly confident" about handling the omicron variant.
Credit Suisse faces fresh scrutiny over culture after client data leaks
Leaked data purported to show that Credit Suisse had served human rights abusers, corrupt politicians and businessmen under sanctions.